NetworkIP and Debisys, Inc. Partner to Offer Automated Point of Sale Service for the e.Application and Access Exchange May 23, 2001 First, NetworkIP (www.networkip.net) brought its distributors the ability to offer exceptional products like e.Prepaid Internet, e.Prepaid Calling Cards, e.Prepaid Long Distance, e.Conferencing, and Stored Value Cards all on the same PIN. Now NetworkIP, an industry leading e.Application and Access Exchange of converged voice and data services, today announced a strategic business partnership with Debisys, Inc. (www.debisys.com), an industry leader in the development and deployment Point-of-Sale Activation services. Debisys will provide a Point-of-Sale Activation (POSA) solution for NetworkIP distributors. The Debisys technology will provide NetworkIP distributors the ability to offer real-time Point-of-Sale Activation using the company's proprietary POSA software and private transaction network. The technology will provide POSA for NetworkIP products including e.Prepaid Calling Cards, e.Prepaid Long Distance, e.Prepaid Internet and e.Conferencing. In addition to being a value-added service, Debisys will also make available its proprietary program for processing prepaid wireless transactions. "NetworkIP has been very selective in choosing application vendors for our customer solutions. We are very pleased with this important partnership," said Pat Bolinger, Vice President of Sales and Marketing for NetworkIP. "This is the next step in the evolution of turnkey stored value services on our e.Application & Exchange network." "Debisys, Inc. is very excited about the business relationship being entered into by our two companies where participating retailers now have a convenient way to fulfill prepaid services at the point-of-sale. The partnering of these two companies' services will reduce the cost of doing business for Network IP distributors and retailers, allowing them to offer competitive rates, increase efficiency and help eliminate slippage of inventory," stated Mark Flanagan, CEO of Debisys, Inc. About Debisys, Inc. Debisys, Inc. is a leading Point-of-Sale transaction processing company located in Laguna Hills, California. The Company has developed its own proprietary software and transaction network for prepaid long distance, prepaid home phone, and prepaid cellular, and other prepaid services. The company currently lists as its current clients, Cingular Wireless (Western Division, formerly PacBell Wireless), Innovative Solutions (the largest reseller in Puerto Rico), American Wireless & Celluphone (Verizon Wireless' two largest master agents), and InTouch Communications (the largest prepaid home phone provider in California). More information about Debisys, Inc. can be found on the Internet at www.debisys.com. About NetworkIP Founded in 1997, NetworkIP is an industry leading e.Communications application service provider of enhanced services. The company provides value-added, business-to-business communication services via the Internet to service providers. The company has created the first future-proof, large scale e.Communications network, bringing together the best in class switching, computing hardware, data storage, IP networking, and software development methodology. NetworkIP's platform enables CLECs, ILECs, ISPs, cable companies, municipalities and public utilities, and other businesses to offer broadband voice, data and video services. Current e.Communication products and services offered by NetworkIP include e.Prepaid Calling Cards, e.Prepaid Long Distance, e.Prepaid 1+ Long Distance, e.Prepaid Internet, e.Conferencing and e.Cable. NetworkIP has projected fiscal year 2000 revenues of $200 million. To find out more about how your company can benefit from NetworkIP applications, please call 1-800-605-2577 or fill out our OnLine Request Form.